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F REIGN TRADE - 中国国际贸易促进委员会

F REIGN TRADE - 中国国际贸易促进委员会

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Regional Trade & Investment<br />

LOCAL<br />

Chongqing’s Foreign Trade Surges<br />

By Richard Zhu<br />

China’s foreign trade growth slows to<br />

6.2 percent in 2012, while Southwestern<br />

China’s Chongqing Municipality<br />

showed a different picture.<br />

Its foreign trade of last year registered a rapid<br />

growth of 82.2 percent.<br />

Data from Chongqing Customs shows<br />

that Chongqing’s foreign trade volume totaled<br />

$53.2 billion in 2012, ranking No. 2 in Western<br />

and Central China and the 11th nationwide, 6<br />

positions higher over the year 2011. The city’s<br />

exports volume amounted to 38.57 billion, up<br />

94.5 percent over the previous year, ranking<br />

first in Western and Central China, while the<br />

imports volume reached 14.63 billion, up 56.2<br />

percent year on year.<br />

Among Chongqing’s exports, laptops<br />

played a major role, with the total exports over<br />

35 million. In 2012 Chongqing has exported<br />

35.44 million laptops, valued at $12.54 billion,<br />

1.3 times and 1.4 times from a year earlier respectively.<br />

“Laptops became the main force of the<br />

city’s exports, and its exports of last year accounted<br />

for over 30 percent of the total exports,”<br />

said an official with Chongqing Customs.<br />

Data also shows that though in the context<br />

of the sluggish external demand due to the<br />

European debt crisis and slow recovery of world<br />

economy, Chongqing’s exports to Europe and<br />

America rose sharply. In 2012 the city’s foreign<br />

trade volume with the Europe Union totaled<br />

$12.04 billion, up 92.8 percent, 1.1 times over<br />

2011, while its foreign trade with America<br />

reached $9.31 billion, 1.3 times over the previous<br />

year.<br />

The rapid development of the processing<br />

industry had boosted the growth of imports and<br />

exports in Chongqing. The import and export<br />

volume in the processing industry of Chongqing<br />

in the first half of 2012 totaled $7.8 billion, accounting<br />

for 31.1 percent of the whole import<br />

and export volume, according to Xinhua News<br />

Agency.<br />

As China’s first inland bonded port, Cuntan<br />

bonded area handled over 150,000 TEU<br />

70

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